Richard G. Kyle - Nov 22, 2022 Form 4 Insider Report for TIMKEN CO (TKR)

Role
President and CEO, Director
Signature
/s/ Richard G. Kyle
Stock symbol
TKR
Transactions as of
Nov 22, 2022
Transactions value $
-$581,701
Form type
4
Date filed
11/23/2022, 04:25 PM
Previous filing
Nov 15, 2022
Next filing
Dec 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TKR Common Stock Options Exercise $907K +20K +5.89% $45.35 360K Nov 22, 2022 Direct
transaction TKR Common Stock Tax liability -$249K -3.35K -0.93% $74.46 356K Nov 22, 2022 Direct
transaction TKR Common Stock Sale -$1.24M -16.7K -4.67% $74.43 340K Nov 22, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TKR Employee Stock Option (right to buy) Options Exercise $0 -20K -50% $0.00 20K Nov 22, 2022 Common Stock 20K $45.35 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $74.31 to $74.57. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 20,000 stock options from 2/13/2017 grant of 117,750 stock options (previously reported) that vested in 25% increments per year from the date of grant.